Kraken Daily Market Report for January 11 2021

Overview


  • Total spot trading volume at $3.44 billion, 173% higher than the 30-day average of $1.26 billion.
  • The top 5 traded coins were, respectively, Bitcoin, Ethereum, Tether, Litecoin, and Ripple.
  • All coins except some stable coins were in the red, including Bitcoin Cash (-20%), Litecoin (-18%), and Ethereum Classic (-18%) over USD.

January 11, 2021 
 $3.44B traded across all markets today
 Crypto, EUR, USD, JPY, CAD, GBP, CHF, AUD 
XBT 
$35547. 
↓7.0% 
$1778.0M
ETH 
$1092.0 
↓13% 
$858.8M
USDT 
$1.0007 
↑0.08% 
$233.8M
LTC 
$139.75 
↓18% 
$87.3M
XRP 
$0.2882 
↓8.5% 
$80.1M
BCH 
$479.39 
↓20% 
$53.2M
USDC 
$0.9999 
↑0.0% 
$48.8M
ADA 
$0.2766 
↓8.6% 
$48.5M
DOT 
$8.2900 
↓11% 
$40.7M
XLM 
$0.2739 
↓3.8% 
$33.0M
LINK 
$14.597 
↓10% 
$29.7M
XMR 
$158.76 
↓15% 
$16.7M
ZEC 
$88.75 
↓8.1% 
$15.4M
DASH 
$125.08 
↓15% 
$12.2M
EOS 
$2.6756 
↓13% 
$11.6M
DAI 
$1.0006 
↑0.13% 
$10.4M
XTZ 
$2.3385 
↓15% 
$8.75M
YFI 
$30120. 
↓11% 
$7.2M
XDG 
$0.0088 
↓10% 
$6.75M
WAVES 
$5.6247 
↓14% 
$6.26M
ATOM 
$5.7296 
↓11% 
$5.42M
NANO 
$2.8203 
↓13% 
$5.05M
ALGO 
$0.4175 
↓9.1% 
$4.61M
GRT 
$0.2910 
↓11% 
$4.08M
OMG 
$3.0963 
↓15% 
$4.02M
BAT 
$0.2306 
↓10% 
$3.77M
SNX 
$12.907 
↓8.7% 
$3.4M
TRX 
$0.0290 
↓11% 
$3.37M
ETC 
$7.2664 
↓18% 
$3.27M
PAXG 
$1856.9 
↓1.3% 
$3.02M
UNI 
$5.2507 
↓12% 
$2.75M
FIL 
$21.668 
↓7.6% 
$2.66M
QTUM 
$2.9052 
↓15% 
$2.59M
KSM 
$64.674 
↓9.5% 
$2.23M
AAVE 
$114.76 
↓9.7% 
$1.8M
SC 
$0.0044 
↓14% 
$1.68M
COMP 
$169.08 
↓14% 
$1.35M
CRV 
$0.6214 
↓18% 
$1.21M
ICX 
$0.6064 
↓4.5% 
$1.16M
REP 
$18.353 
↓10% 
$1.01M
KAVA 
$1.5399 
↓15% 
$980K
OXT 
$0.2504 
↓14% 
$978K
MLN 
$32.218 
↓9.9% 
$810K
KNC 
$0.9787 
↓14% 
$700K
BAL 
$16.204 
↓16% 
$481K
STORJ 
$0.3327 
↓18% 
$472K
MANA 
$0.0943 
↓12% 
$467K
LSK 
$1.2488 
↓13% 
$389K
KEEP 
$0.2108 
↓9.1% 
$307K
GNO 
$98.575 
↓14% 
$273K
ANT 
$3.3398 
↓12% 
$227K
TBTC 
$35678. 
↓11% 
$195K
REPV2 
$17.851 
↓14% 
$158K



#####################. Trading Volume by Asset. ##########################################

Trading Volume by Asset


The figures below break down the trading volume of the largest, mid-size, and smallest assets. Cryptos are in purple, fiats are in blue. For each asset, the chart contains the daily trading volume in USD, and the percentage of the total trading volume. The percentages for fiats and cryptos are treated separately, so that they both add up to 100%.

Figure 1: Largest trading assets: trading volume (measured in USD) and its percentage of the total trading volume (January 11 2021)



Figure 2: Mid-size trading assets: (measured in USD) (January 11 2021)



Figure 3: Smallest trading assets: (measured in USD) (January 11 2021)



#####################. Spread %. ##########################################

Spread %


Spread percentage is the width of the bid/ask spread divided by the bid/ask midpoint. The values are generated by taking the median spread percentage over each minute, then the average of the medians over the day.

Figure 4: Average spread % by pair (January 11 2021)



.


#########. Returns and Volume ############################################

Returns and Volume


Figure 5: Returns of the four highest volume pairs (January 11 2021)


Figure 6: Volume of the major currencies and an average line that fits the data to a sinusoidal curve to show the daily volume highs and lows (January 11 2021)